Business Overview:
Outdoor Power Equipment Sales, Rental and Service Company - Offered by DBG Advisors
This privately held outdoor power equipment sales, rental and service company
located in central Texas opened the doors in April 2013. They started the business
by selling mowers and providing service for those mowers. Today the company sells
mowers, skid steer/tractor attachments, parts, and accessories with a full-service
shop. They also have expanded their services by renting outdoor equipment used by
contractors, farm and ranch owners and the public.
As an authorized Hustler®, Scag, Echo, Virnig and CID dealership serving the
central Texas area they provide a large selection of new and used inventory, and
knowledgeable sales, financing, service, and parts departments. The company can
provide warranty work on everything that they sell and stand behind their
merchandise. They also have a parts department to provide parts to the equipment
they sell.
In the last three years the company has seen steady growth and ended 2021 with
$341,514 in discretionary earnings. The owners have worked hard to build a
profitable, recession proof company that can withstand the ups and downs of the
economic. Finances for the company are conservatively managed, with healthy cash
balances. Expansion over the last several years has been financed through current
cash flow.
The owners wish to sell the company, its assets and real property for a total of
$1,795,299. The sales price for the business itself is $1,195,299. The sales price for
the business reflects 3.5 times multiple of the company’s discretionary earnings.
The real estate includes the 2,732 square foot headquarters building which has
1,200 sq. ft. finished showroom, office space, breakroom, and 1,532 sq. ft. shop
space. In addition, the building sits on a 2.345-acre lot which is approximately
102,148 square feet of land. The value of this real estate, included in the sales price,
is $600,000 and is in keeping with comparable property in the area.
The location is a very valuable asset since it is on the corner of a State Highway.
The Chamber of Commerce’s 2019 date from TXDOT indicates that the Annual
Average daily traffic is 9,882. The company’ high visibility and traffic count
significantly adds value and drives a consistent stream of customers to the
business. Customers who have weekend farms and ranches in the area find this
location very convenient.
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Property Features and Assets:
The real estate includes the 2,732 square foot headquarters building which has 1,200 sq. ft. finished showroom, office space, breakroom, and 1,532 sq. ft. shop space. In addition, the building sits on a 2.345-acre lot which is approximately 102,148 square feet of land. The value of this real estate, included in the sales price, is $600,000 and is in keeping with comparable property in the area.
The location is a very valuable asset since it is on the corner of a State Highway.
The Chamber of Commerce’s 2019 date from TXDOT indicates that the Annual
Average daily traffic is 9,882. The company’ high visibility and traffic count
significantly adds value and drives a consistent stream of customers to the
business. Customers who have weekend farms and ranches in the area find this
location very convenient.
Market Competition and Expansion:
As an authorized Hustler®, Scag, Echo, Virnig and CID dealership serving the
central Texas area they provide a large selection of new and used inventory, and
knowledgeable sales, financing, service, and parts departments. The company can
provide warranty work on everything that they sell and stand behind their
merchandise. They also have a parts department to provide parts to the equipment
they sell.
In the last three years the company has seen steady growth and ended 2021 with $341,514 in discretionary earnings. The owners have worked hard to build a profitable, recession proof company that can withstand the ups and downs of the economy. Finances for the company are conservatively managed, with healthy cash balances. Expansion over the last several years has been financed through current cash flow.
Reason for Selling:
Return to South TX near aging family.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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